Sokoine University of Agriculture

Strategic entrepreneurial response of small and medium enterprises in developing economies

Show simple item record Bengesi, K. M. K. Le Roux, I. 2018-06-29T05:05:57Z 2018-06-29T05:05:57Z 2014
dc.description International Journal of Business and Management, 9 (2): 153-165 en_US
dc.description.abstract This study examined the influence of three dimensions of strategic entrepreneurial response, namely market orientation, entrepreneurial orientation and networking capability on SME performance necessary for firms to face challenges in competitive environments. The research confirmed positive influence of the three dimensions of strategic entrepreneurial response (SER), namely market orientation (MO), entrepreneurial orientation (EO) and network capabilities (NWC) on small and medium enterprise (SME) performance. The dimensions of SER explained a significant amount of variance (50.1%) in SME performance, with the largest amount (27.1%) of variance accounted for by MO. The findings suggest that emphasis on MO is a firm’s strategic choice to generate strategic information which forms a seedbed of opportunities from which entrepreneurial oriented firms identify and proactively seize to build competitive advantage. Contrary to previous studies, which emphasized that opportunity seeking behaviour is a domain of EO, this paper argues that MO is pivotal construct to the SER. This paper views EO as more driven by an advantage seeking behaviour rather than opportunity seeking behaviour as conceptualised before. With these findings, this paper suggest that sustained market orientation and entrepreneurial orientation cultures build opportunity seeking and advantage seeking behaviours, respectively crucial to create and sustain SME performance. en_US
dc.language.iso en en_US
dc.publisher Canadian Centre for Science and Education en_US
dc.subject Competitive advantage en_US
dc.subject Strategic entrepreneurship en_US
dc.subject Trade barrier en_US
dc.subject Open market economy en_US
dc.subject Market orientation en_US
dc.subject Entrepreneurial orientation en_US
dc.subject Networking capability en_US
dc.title Strategic entrepreneurial response of small and medium enterprises in developing economies en_US
dc.type Article en_US
dc.url en_US

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